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Trade push to top agenda of Katherine Tai’s 3-day visit
India and the US will discuss ways to boost bilateral trade during US Trade Representative Katherine Tai's visit to India. Trade between the two countries fell by 9% in the first eight months of the current financial year. Both countries are willing to discuss measures to boost trade, including easing tariff and non-tariff barriers and restoring Generalised System of Preferences benefits to India. The two countries have resolved seven outstanding disputes at the WTO, which will help boost trade. The PHD Chamber of Commerce and Industry predicts that India-US trade could reach $300 billion by 2026-27.
Updated on Jan 10, 2024 07:44 AM IST
Rajeev Jayaswal
USTR flags market access, tariffs, digital trade as key issues
Katherine Tai said the US and India face “shared challenges” in areas like climate change and sustainability, vulnerable supply chains and promoting market oriented principles and structures.
Published on Nov 23, 2021 05:34 AM IST
Rajeev Jayaswal, Hindustan Times, New Delhi